Srinagar, May 21 -- As part of its commitment to support infrastructure-led development through institutional finance, J&K Bank today entered into a Memorandum of Understanding (MoU) with HD Construction Equipment India Pvt. Ltd. to facilitate customised financing solutions for Hyundai excavators and wheel loaders under the Bank's Construction Equipment Finance Scheme.

The partnership aims to facilitate easier access to finance for customers intending to procure construction and mining equipment manufactured and marketed by HD Construction Equipment India Pvt. Ltd. Backed by the company's established dealer and service network, the arrangement will offer added convenience through customised finance for machines used in road construction,...